Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Real Estate Split's Enterprise Value is C$-107.42 Mil.
Real Estate Split's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.71 Mil. Therefore, Real Estate Split's EV-to-EBIT ratio for today is -9.18.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Real Estate Split's Enterprise Value is C$-107.42 Mil.
Real Estate Split's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.71 Mil. Therefore, Real Estate Split's EV-to-EBITDA ratio for today is -9.18.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Real Estate Split's Enterprise Value is C$-107.42 Mil.
Real Estate Split's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was C$8.16 Mil. Therefore, Real Estate Split's EV-to-Revenue ratio for today is -13.16.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Real Estate Split (TSX:RS) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Real Estate Split's current Enterprise Value is C$-107.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.71 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Real Estate Split's current Enterprise Value is C$-107.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.71 Mil.
Real Estate Split's current Enterprise Value is C$-107.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was C$8.16 Mil.
Real Estate Split's current Enterprise Value is C$-107.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was C$6.23 Mil.
Real Estate Split's current Enterprise Value is C$-107.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was C$6.23 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Real Estate Split Enterprise Value Related Terms
Real Estate Split Enterprise Value Historical Data
* Premium members only.
The historical data trend for Real Estate Split's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:RS vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, Real Estate Split's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Real Estate Split Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Real Estate Split's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Real Estate Split's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Real Estate Split's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of C$-107.42 Mil mean?
Real Estate Split (TSX:RS) has a Enterprise Value of C$-107.42 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Real Estate Split and its competitors.
Is Real Estate Split's Enterprise Value too high?
Real Estate Split's current Enterprise Value is C$-107.42 Mil. Overall, Real Estate Split has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Enterprise Value compare to BLK and BX?
Real Estate Split's Enterprise Value of C$-107.42 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Asset Management company?
A good Enterprise Value depends on the Asset Management industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Real Estate Split and its competitors. Real Estate Split's current Enterprise Value is C$-107.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Fairly Valued. The stock's GF Value™ is C$11.25, compared to a current price of C$10.40 — trading 7.6% below its estimated fair value. The current Enterprise Value is C$-107.42 Mil. Real Estate Split's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Real Estate Split (TSX:RS), the current Enterprise Value is C$-107.42 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Real Estate Split (TSX:RS) Overvalued in 2026?
Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued.
The current stock price of C$10.40 is trading 7.6% below its estimated GF Value™ of C$11.25.
GuruFocus considers Real Estate Split to be Fairly Valued.
Key valuation signals for TSX:RS:
Enterprise Value: C$-107.42 Mil
GF Value™: C$11.25 vs. price of C$10.40 (7.6% below fair value)
No single metric tells the full story. See the TSX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
82GF Score
Get the complete analysis for TSX:RS
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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